Bankruptcy trustee v. Ginn-LA lawsuit charged breach of fiduciary duty. The settlement agreement was struck shortly before depositions of key Ginn-LA executives Bobby Ginn and Bobby Masters were to be Palm Coast, FL – November 16, 2012 – Dillworth v. Ginn-LA, one of the most watched lawsuits against Bobby Ginn related development companies, came to […]
58 foreclosed Flagler County properties are scheduled to be sold throughout the month, about the same as in October. Palm Coast, FL – November 6, 2012 – 58 foreclosed Flagler County properties are currently scheduled to be sold at foreclosure auctions during November, about the same as in October. Not all scheduled sales are completed. […]
Belks, Lowe’s, Carrabba’s, Zaxby’s etc. Cobblestone Village is now sold out Palm Coast, FL – November 5, 2012 – A new Dollar Tree retail store is being built behind the new medical building in Palm Coast’s Cobblestone Village. The store will be 9,981 square feet. This location represents the last parcel of the development which, in […]
Signs of a sellers’ market continue as distressed properties decline as a percentage of all sales. Palm Coast, FL – October 26, 2012 – Signs of a sellers’ market continue as distressed properties decline as a percentage of all Palm Coast and Flagler County sales. September home sales were up only 5% over last September, […]
Unsecured Tesoro and Quail West creditors would get between 30 and 50 cents on the dollar. Attorney for the debtors would receive 30% ($7.5 million) of the settlement proceeds. Palm Coast, FL – October 19, 2012 – Drew Dillworth, trustee for the Tesoro and Quail West Chapter 7 bankruptcies, has filed a Motion to Approve […]
Each seller’s situation is unique. Here’s one seller’s situation and how I suggested he proceed. Palm Coast, FL – October 11, 2012 – A GoToby.com reader from Palm Coast called me this week asking for my advice. He owns a local rental home that he wants to sell. It’s not a short sale. His most […]
53 foreclosed Flagler County properties are scheduled to be sold throughout the month, 28 fewer than in August and less than half that in July. Palm Coast, FL – September 28, 2012 – 53 foreclosed Flagler County properties are currently scheduled to be sold at foreclosure auctions during September, 28 fewer than August and less […]
Located within the Palm Harbor section of the city, canals created hundreds of building lots with boat access to the Intracoastal Waterway. Palm Coast, FL – September 25, 2012 – Palm Coast is a master planned community, a project of ITT Levitt & Sons, the largest home building company in the world at the time. […]
Lender takes ownership but an electrical fire closes the facility the night before the prior owner is scheduled to be evicted. Lanes will reopen under new management after repairs are completed. Palm Coast, FL – September 21, 2012 – Alleycats LLC, a private investment firm, has foreclosed on a mortgage to F&S Enterprises LLC (Member/Manager […]
Lubert-Adler shuts down BriarRose, a ”country estate” private community near Lake Oconee in Georgia. Palm Coast, FL – September 18, 2012 – Philadelphia-based real estate investment firm Lubert-Adler has shut down BriarRose, an asset in which they once partnered with Palm Coast developer Bobby Ginn. As a team, Ginn-LA was once touted as the company […]